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- Question
- The owner of a cell phone shop charges his customer 28% more than the cost price. If the customer paid ? 8960 for the cell phone, what was the cost price of the cell phone?
Options- A. ? 7800
- B. ? 7000
- C. ? 6900
- D. ? 6850
- Correct Answer
- ? 7000
ExplanationCP = [100/(100 + Gain%)] x SP
= (8960 x 100)/128
= 70 x 100 = ? 7000 - 1. If the cost price is 95% of the selling price, what is the profit per cent?
Options- A. 4
- B. 4.75
- C. 5
- D. 5.26 Discuss
- 2. A calculator is bought for ? 350 and sold at a gain of 15%. What will be the selling price of calculator (in ?)?
Options- A. 358
- B. 375
- C. 472
- D. 402.50 Discuss
- 3. A man loses 10% by selling an article for ? 180. At what price should he sell it to gain 10%?
Options- A. ? 220
- B. ? 217.80
- C. ? 200
- D. ? 216 Discuss
- 4. By selling a cycle for ? 2345, a student loses 19%. His cost price is nearly?
Options- A. ? 4000
- B. ? 5000
- C. ? 3000
- D. ? 3500 Discuss
- 5. Find the CP when SP is ? 400 and loss is 70 %?
Options- A. ? 4000/3
- B. ? 5000/3
- C. ? 2000/3
- D. ? 7000/3 Discuss
- 6. Selling price of an article is ? 2220 and the per cent profit earned is 20%. What is the cost price of the article?
Options- A. ? 1750
- B. ? 1876
- C. ? 1776
- D. ? 1850 Discuss
- 7. Rajan sold an articles for ? 6000 at a loss of 25%. Find the cost price.?
Options- A. ? 7500
- B. ? 7200
- C. ? 8000
- D. ? 8500 Discuss
- 8. A fruit-seller buys lemons at 2 for a rupee and sells them at 5 for three rupees What is his gain per cent?
Options- A. 10%
- B. 15%
- C. 20%
- D. 25% Discuss
- 9. A dealer sold three-fourth of his articles at a gain of 24% and the remaining at the cost price. Percentage of gain in the whole transaction is?
Options- A. 15
- B. 18
- C. 24
- D. 32 Discuss
- 10. The selling price of 20 articles is equal to the cost price of 22 articles. The gain percentage is
Options- A. 12%
- B. 9%
- C. 10%
- D. 11% Discuss
Profit and Loss problems
Search Results
Correct Answer: 5.26
Explanation:
Let SP = SP = ? 100
? CP = ? 95
Profit = 100 - 95 = ? 5
Profit % = (Profit/CP) x 100%
= (5/95) x 100% = 5.26%
Correct Answer: 402.50
Explanation:
Given, CP = ? 350 and gain = 15%
? SP = [(100 + Gain%) / 100] x CP
= (115/100) x 350 = 115 x (7/2)
= ? 402.50
Correct Answer: ? 220
Explanation:
CP of the article = (180 x 100)/90 = ? 200
To gain 10% SP of article = 110% of 200 = ? 220
Correct Answer: ? 3000
Explanation:
Let cost price be ? N.
Selling price = 2345
Loss = 19%
Cost price, N = (SP x 100)/(100 - Loss%)
= (2345 x 100)/(100 - 19%)
? N = 234500/81 = ? 2895 ? ? 3000
Correct Answer: ? 4000/3
Explanation:
CP = (100/30) x 400 = ? 4000/3
[? CP = {100/(100 - Loss%)} x SP]
Correct Answer: ? 1850
Explanation:
CP = (100/120) x 2220 = ? 1850
Correct Answer: ? 8000
Explanation:
CP = [100/(100 - Loss%) ] x SP
CP = 6000 x (100/75) = 8000
Correct Answer: 20%
Explanation:
Since, CP of 2 lemon is ? 1
? CP of 1 lemon is = 1/2 = ? 0.5
SP of 5 lemon is ? 3.
? SP of 1 lemon is = 3/5 = ? 0.6
? Gain percent = [(0.6 - 0.5)/0.5] x 100
= (0.1/0.5) x 100 = 20%
Correct Answer: 18
Explanation:
Let CP = ? 100
? SP = [75 x (124/100)] + 25
= 93 + 25 = ? 118
Clearly, gain % = 18%
Correct Answer: 10%
Explanation:
Here, a = 22 and b = 20, then
? Gain% = [(a - b)/b] x 100%
= [(22 - 20)/20] x 100% =10%
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